NABARD has provided an assistance of Rs 10, 012 crore to.....during 2017-18 to facilitate overall development with special focus on agricultural credit.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

NABARD has provided an assistance of Rs 10, 012 crore to____during 2017-18 to facilitate overall development with special focus on agricultural credit.

A	Uttar Pradesh
B	Assam
C	West Bengal
D	Gujarat

Explanation:

Detailed explanation-1: -Policy on Rural Off-Farm Sector As per extant policy, NABARD provides financial support for providing end to end solutions for promotion of activities which generate or enhance livelihoods under the Rural Off-Farm Sector.

Detailed explanation-2: -National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.

Detailed explanation-3: -NABARD provides refinance assistance under Automatic Refinance Facility (ARF) to eligible banks for a wide spectrum of manufacturing, processing and service sector activities under RNFS (Investment Credit).

Detailed explanation-4: -Automatic Refinance Scheme (ARF)

There is 1 question to complete.